Union Pacific Corporation $UNP Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its holdings in shares of Union Pacific Corporation (NYSE:UNP - Free Report) by 14.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,960,191 shares of the railroad operator's stock after selling 332,601 shares during the period. Union Pacific accounts for 1.4% of Vontobel Holding Ltd.'s investment portfolio, making the stock its 20th largest holding. Vontobel Holding Ltd. owned 0.33% of Union Pacific worth $451,001,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in UNP. Highline Wealth Partners LLC lifted its stake in shares of Union Pacific by 103.5% in the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock worth $27,000 after acquiring an additional 59 shares during the period. CBIZ Investment Advisory Services LLC increased its holdings in Union Pacific by 1,400.0% during the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock valued at $28,000 after acquiring an additional 112 shares in the last quarter. Financial Gravity Asset Management Inc. purchased a new position in Union Pacific during the 1st quarter valued at about $32,000. WPG Advisers LLC purchased a new position in Union Pacific during the 1st quarter valued at about $33,000. Finally, Cornerstone Planning Group LLC grew its holdings in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock worth $37,000 after buying an additional 56 shares in the last quarter. Institutional investors and hedge funds own 80.38% of the company's stock.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. Argus downgraded shares of Union Pacific from a "buy" rating to a "hold" rating in a research note on Tuesday, August 12th. Loop Capital upgraded Union Pacific from a "sell" rating to a "hold" rating and raised their target price for the company from $214.00 to $227.00 in a report on Tuesday, September 16th. Evercore ISI reduced their target price on shares of Union Pacific from $244.00 to $238.00 and set an "in-line" rating on the stock in a research report on Friday, July 25th. Barclays cut shares of Union Pacific from an "overweight" rating to an "equal weight" rating in a research report on Wednesday, July 30th. Finally, Citigroup raised shares of Union Pacific from a "neutral" rating to a "buy" rating and upped their price target for the company from $250.00 to $251.00 in a report on Monday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $261.08.

Union Pacific Stock Performance

Shares of UNP opened at $232.72 on Thursday. The firm has a 50-day moving average price of $224.14 and a 200 day moving average price of $224.57. The firm has a market capitalization of $138.03 billion, a PE ratio of 20.22, a P/E/G ratio of 2.41 and a beta of 1.07. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86. Union Pacific Corporation has a 52-week low of $204.66 and a 52-week high of $256.84.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping analysts' consensus estimates of $2.84 by $0.19. Union Pacific had a net margin of 28.43% and a return on equity of 41.73%. The company had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the previous year, the firm earned $2.74 EPS. Union Pacific's revenue was up 2.4% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Corporation will post 11.99 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Friday, August 29th were given a dividend of $1.38 per share. This is a boost from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date was Friday, August 29th. This represents a $5.52 annualized dividend and a dividend yield of 2.4%. Union Pacific's payout ratio is 47.96%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

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